Articles
Arada launches $1.36bn three-tower luxury project at Dubai Harbour
Project is set to be completed in 2027 and will feature Dubai’s longest infinity pool at 200 metres
How the UAE’s food delivery companies are competing in a crowded market
Consumers are increasingly focusing on health and affordability, with the role of technology also rising
Nakheel awards $1.36bn in contracts for luxury villas on Palm Jebel Ali
The units are scheduled for completion by late 2026
Oil prices drop nearly 5% on reports Israel will not attack Iranian energy facilities
Slowdown in crude demand continues to weigh on the market
Aldar partners with Expo City Dubai for $476m mixed-use development
The six-building project will be located beside Dubai Exhibition Centre, which is set for a Dh10bn expansion
ADNH Catering IPO: Company could raise up to $235m from ADX listing
It plans to announce final offer price on October 16 and start trading on October 23
Saudi Arabia expects larger budget deficits on Vision 2030 spending boost
Expenditure projected to reach 29.5% of GDP next year, with revenue anticipated to drop 4.3% annually
Mubadala to participate in Citi and Apollo's $25bn private credit programme
It will initially focus on North America, with the potential to expand to other markets
Abu Dhabi's ADQ raises $2bn from second bond issuance this year
The dual-tranche issuance was oversubscribed by 4.1 times
Dubai's HyperSpace aims for the stars with its futuristic attractions
Generation Start-up: The company plans to open House of Hype in Dubai and looks to expand to the US and Asia
Oman aims to sell only zero-emission vehicles by 2050 in sustainability push
Sultanate will also focus on boosting green hydrogen production as part of its clean energy strategy
Repairing damage to Palestine's economy will take decades, UN says
By mid-2024, economic activity in Gaza fell to less than 20 per cent of its 2022 level, Unctad report finds
UAE's economy grows 3.4% in first quarter
Financial and insurance activities rise by 7.9% amid increase in local credit to private sector
Opec+ countries to extend voluntary cuts for two more months
The oil output cuts will be 'gradually phased out' on a monthly basis from December
Libya's NOC declares force majeure at El Feel oilfield
Operations at 70,000 barrels per day field operated by Mellitah Oil and Gas halted due to “current circumstances”
